First Trust RiverFront Dynamic Developed International ETF
RFDI
49 hedge funds and large institutions have $101M invested in First Trust RiverFront Dynamic Developed International ETF in 2023 Q1 according to their latest regulatory filings, with 6 funds opening new positions, 11 increasing their positions, 25 reducing their positions, and 4 closing their positions.
50% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 4
0.23% less ownership
Funds ownership: 83.23% → 83% (-0.23%)
3% less capital invested
Capital invested by funds: $105M → $101M (-$3.6M)
2% less funds holding
Funds holding: 50 → 49 (-1)
56% less repeat investments, than reductions
Existing positions increased: 11 | Existing positions reduced: 25
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of Montreal
Toronto,
Ontario, Canada
|
+$1.01M |
| 2 |
Goldman Sachs
New York
|
+$780K |
| 3 |
PFS
Prospera Financial Services
Dallas,
Texas
|
+$722K |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$655K |
| 5 |
DIA
Dana Investment Advisors
Waukesha,
Wisconsin
|
+$210K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Morgan Stanley
New York
|
-$4.35M |
| 2 |
OMC
Old Mission Capital
Chicago,
Illinois
|
-$2.54M |
| 3 |
Jane Street
New York
|
-$2.1M |
| 4 |
Envestnet Asset Management
Chicago,
Illinois
|
-$1.02M |
| 5 |
CTC
Central Trust Company
Jefferson City,
Missouri
|
-$909K |
RFDI Hedge Fund Activity: Q1 2023 in Review
49 of the 6,283 institutional investors tracked by Wall St. Rank reported a position in First Trust RiverFront Dynamic Developed International ETF (RFDI) for Q1 2023, worth a combined $101M — down 3.4% from $105M a quarter earlier.
Buyers outnumbered sellers: 6 funds opened new RFDI positions and 4 closed out — a net gain of 2 holders — while 11 added to existing stakes and 25 trimmed.
The largest buyer was Bank of Montreal, opening a new position worth an estimated $1.01M. The largest seller was Morgan Stanley, cutting an estimated $4.35M.
- 49 institutional investors held First Trust RiverFront Dynamic Developed International ETF (RFDI) as of Q1 2023, down from 50 in Q4 2022.
- Funds reported $101M of First Trust RiverFront Dynamic Developed International ETF stock for Q1 2023, down 3.4% quarter-over-quarter.
- 6 funds opened new First Trust RiverFront Dynamic Developed International ETF positions in Q1 2023 and 4 closed out, a net change of +2 holders.
- The largest First Trust RiverFront Dynamic Developed International ETF buyer in Q1 2023 was Bank of Montreal, an estimated $1.01M added.
- The largest First Trust RiverFront Dynamic Developed International ETF seller in Q1 2023 was Morgan Stanley, an estimated $4.35M sold.
Based on aggregated 13F filings for Q1 2023.